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WellPoint and Blue Shield of California to stop dropping sick policyholders

Los Angeles Times, April 28, 2010

Two of the nation's largest health insurers say they will stop the practice of dropping sick policyholders. The moves by WellPoint Inc., the parent of Anthem Blue Cross of California, and Blue Shield of California follow action by Congress and the Obama administration to crack down on rescission. WellPoint Chief Executive Angela Braly said in a statement that the company's "goal is to make reform work for our members and for the country."